Fenner & Esler is a top choice when it comes to insurance from an independent architects & engineers insurance company. Every structural engineer in Washington State should have structural engineers professional liability, or errors and omissions insurance, irrespective of the business’s size. Structural engineer insurance provides professional the monetary protection they need in case of allegations of neglect or breach of contract. Fenner Esler is the top choice when you’re looking for a professional liability insurance brokerage. We aren’t just brokers, but design professionals’ insurance experts, providing you with the protection you need. We are the only choice you’re going to need for engineers insurance for this reason.
Errors are not only limited to novice structural engineers. If a firm makes the mistake of attempting to bid for contracts without the services of an architect & engineers insurance company, the professionals discover very fast that they are not able to bid on the contracts of higher value. The majority of federal and state contracts require structural engineers to have structural engineers insurance to even bid on a contract. The engineers that hold their faith in a projects policy might obtain some smaller contracts at first, but these run the danger of getting extremely expensive with every one of the expenses they are able to incur. Any structural engineer can be at the foul side of a claim if it is made, and these can be costly ordeals which may occasionally require the engineer themselves to pay out a substantial amount of their own money prior to any legal expenses being covered by the policy. Meeting this deductible can financially ruin many smaller companies and independent structural engineers. We’ve got a group of agents that specialize in structural engineer insurance whose main job is making sure that our clients are protected by their policy at all times and do not have to suffer any unaffordable expenditure.
Thinking you’re above the need for architect & engineers insurance is a mistake you should never make. The risk of a lawsuit claiming that some error or omission in a building or structure that they have designed causes personal injury or property damage is something even the most competent structural engineer must deal with. Usually this type of legal action is pursued years after the completion of the project. Even if the claims of negligence turn out to be frivolous, the price of litigation may be considerable. Structural engineers insurance is necessary to protect structural engineers that work alone, in addition to engineering firms, from the catastrophic legal expenses for errors and omissions litigation. Structural engineers insurance serves to insure structural engineers against legal fees, as well as from expenses that come with legal settlement actions or issuing payment to the plaintiff if a judgment is made against the structural engineers or firm. If it so happens that a suit is filed against the firm or structural engineer, legal representation will be provided by the insurance company to assist in determining the merits of the suit to come up with the best course of action.
Engineers Insurance Company
If you’re in need an architect & engineers insurance brokerage, there are many reasons to choose Fenner & Esler. Here are several examples:
- Personalized risk management services
- Flexible insurance plans
- Personalized attention
- Decades of experience
Find out first-hand why Fenner & Esler is such a highly rated choice for engineer & architect insurance coverage by getting in touch with us today.
Structural Engineer Insurance Company
We offer additional services to professional liability architect & engineers insurance coverage as well. Possessing structural engineer employment practice insurance is important for any firm. Even in the most tightly-knit structural engineer companies, employer-employee conflicts arise. These scenarios need to be immediately taken care of as such disagreements often have a damaging influence on staff morale, and even though most are resolved fairly easily, it is not difficult for all these situations to get out of control. The price of litigation and settlements for employment practice lawsuits are forever increasing, and this may wreak havoc on a structural engineers firm which has no employment practice liability insurance for structural engineers in place. We have created a team here at Fenner and Esler made up of top risk management professionals to design structural engineers employment practice insurance which takes into consideration the number of staff and outside contractors who work for the company so that they can make sure that no structural engineer is ever under insured or over insured.
Structural Engineer Professional Liability Insurance Coverage
You should never underestimate the how essential it is to obtain insurance from a qualified structural engineers E&O insurance brokerage . It’s a common fault of structural engineers to falsely think they are better off saving the funds by not insuring. They find out years later, when a lawsuit occurs, however frivolous, that they are in big trouble. Others may decide to self-insure only to realize that the cost of litigation and legal protection is considerably more than the structural engineer expected. We can offer comprehensive liability insurance coverage at Fenner & Esler. The necessity for structural engineers Errors And Omissions becomes apparent when one considers all these elements.
Structural Engineer Insurance
Many people find engineer & architect insurance on the web and find that it is a lot more than they expect. The reason being these plans are often one size fits all policies, which genuinely do not function in your best interest. This is where Fenner Esler can help. Through our industry understanding and A-rated connections, we’re an independent structural liability insurance brokerage for engineers that can help you to find a plan that will fit your needs precisely, whatever the requirements of your business. Structural engineer insurance that you can manage is the final result. Another benefit of using Fenner Esler is that our policies are scalable so that as the engineering company take on bigger jobs, the limitations of liability of the policy can be expanded. Something an independent structural engineers E & O insurance brokerage like Fenner Esler can provide you is the capability to obtain insurance for a specific project. If you take on just one large job that may require more insurance, you can manage it without the need to update your regular plan.
Insurance Broker Structural Engineers
You should treat selecting an engineer & architect insurance company just the same as though you were appointing a new team member for the company. An often-overlooked advantage of using an independent professional brokerage like Fenner Esler for structural engineers O & E Insurance is the risk management guidance that we can supply. The way to spread the risk of big projects is one particular example that any structural engineer will find useful. There are forces that will be beyond the structural engineers control, and an expert in structural engineer insurance will be able to help negotiate contracts to the structural engineer will assume minimal liability.
Engineer PL Insurance Brokerage
Fenner and Esler has been a quality independent structural engineers insurance company for more than three decades. Our specialists in structural engineers errors & omissions insurance coverage make sure that all your needs are met and that you are totally aware of all hazards associated with the project with our risk management services. We’re constantly reviewing proposals and contracts to ensure that our customers are not taking a risk with the amount of liability they may take on for any given project. We do our best to keep our customers current with the newest innovations and best advice within the field of risk management. Every client receives our full focus regardless of how big or small they might be. We feel our personal touch really sets us apart from online structural engineers errors & omissions insurance coverage company that only really appear when they want your money.